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  • Volume 102, Issue 20

    • Volume 102, Issue 20

    Th 149729
    LPG Markets

    Leading indicators measure maintenance effectiveness more accurately

    May 24, 2004
    The current plant environment requires measurements that can predict, not just measure, the outcomes from maintenance activities. One strategy is to examine a set of leading indicators...
    Tankers

    GCC ministers agree to boost security in Persian Gulf

    May 24, 2004
    Even as the US Navy vowed to use "deadly force" to prevent any further disruption of Iraqi oil exports, interior ministers of the six-member Gulf Cooperation Council (GCC) have...
    Th 149715
    Pipelines

    Virtual system provides reliable multiphase metering from Malampaya wells

    May 24, 2004
    Operational experience shows that virtual metering of multiphase flow from subsea wells in the Malampaya project, off the Philippines, has been cost-effective, accurate, and reliable...
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    Companies

    Point of View: Apache's Harris touts firm's aggressive, 'lean and mean' drilling strategy

    May 24, 2004
    Houston-based Apache Corp. experienced a 22% growth in production, 26% growth in reserves, and a 330% reserve replacement rate in 2003. It was a year in which "everything went...
    Th 149722
    LPG Markets

    Strategy maximizes turnaround performance

    May 24, 2004
    Plant managers must understand how pacesetter facilities conduct maintenance turnarounds in order to maximize their turnaround's results; often the key strategy is to conduct ...

    More content from Volume 102, Issue 20

    Economics & Markets

    Now you can worry about $50/bbl oil

    May 24, 2004
    Now that the milestone has been reached, oil markets should worry less about $40/bbl oil and more about $50/bbl oil.
    Th 149691
    General Interest

    Trujillo basin off Peru contains numerous promising structures

    May 24, 2004
    The Trujillo basin project was initiated by Perupetro and completed by the PARSEP Group to investigate the remaining undiscovered hydrocarbon potential in the Trujillo basin, ...
    Th 149749
    Tankers

    Robust tanker demand will keep freight costs high

    May 24, 2004
    Oil tanker rates have proven very firm so far this year, following the pattern set in 2003 and leaving charterers to pay a hefty fee for their freight costs.
    Government

    Tense fuel market highlights need to end SUV tax breaks

    May 24, 2004
    Steadily rising gasoline prices in an election year will intensify pressure on politicians to curb consumption.
    Th 149754
    Drilling Operations

    Equipment/Software/Literature

    May 24, 2004
    New progressing cavity pump useful on offshore vesselsClick here to enlarge imageThis Moyno progressing cavity pump promises performance enhancing features in upper and lower-...
    Pipelines & Transportation

    Services/Suppliers

    May 24, 2004
    Tenaris SALuxembourg, has announced that, together with Venezuelan steel producer Sidor, it has agreed to purchase assets of Posven, a Venezuelan company with an industrial facility...
    Th 149733
    Pipelines

    New corrosion inhibitor passes tests on Pemex crude line

    May 24, 2004
    Pemex Refinación, part of Petróleos Mexicanos (Pemex) and operator of more than 4,100 km of crude oil pipelines in several diameters, has tested a newly developed corrosion inhibitor...
    Production Operations

    Letters

    May 24, 2004
    Stimulate the economyA critical look at Andrew McKillop's first two paragraphs (OGJ, Apr. 19, 2004, p. 18) suggests that his counterintuitive notion is more likely just plain ...
    Refining

    It never fails

    May 24, 2004
    When gasoline prices rise, as they have in the US this year, there is the inevitable backlash from misinformed gasoline consumers. Gasoline prices are increasingly featured in...
    Th 149690
    Refining & Processing

    Canadian firms report reduced first quarter financial results

    May 24, 2004
    A stronger Canadian dollar relative to the US dollar appears to have suppressed the first quarter earnings of most of the companies based in Canada that OGJ sampled. While production...
    Tankers

    Japanese shipping group halts oil calls to beleaguered Iraqi terminal

    May 24, 2004
    A leading Japanese shipping group has reported it will no longer send oil tankers to Iraq's Basra oil terminal (BOT) following suicide attacks that killed three US sailors and...
    Companies

    International oil summit addresses high oil prices

    May 24, 2004
    Factors driving the unprecedented long period of high oil prices and their effects on oil supply, demand, and the oil company-oil service company relationship were dominant themes...
    Th 149684
    Companies

    OGJ Newsletter

    May 24, 2004
    Market MovementCrude futures prices seesaw at record levelsCrude futures prices rebounded to within striking distance of a new record high May 19 on the New York Mercantile Exchange...
    Companies

    Watching Government: Gas venting

    May 24, 2004
    After a 3-year effort by the World Bank and Norway, 11 countries and 8 major oil companies met May 11 in Algiers to sign a voluntary global natural gas venting and flaring reduction...
    Discoveries

    Editorial: US energy's sore thumb

    May 24, 2004
    Future US energy supply has a sore thumb—the colloquial symbol of something that stands out from everything else. Energy supply's sore thumb is undrillable federal land.
    Refining

    MPGC: Energy security relies on more than assured supply

    May 24, 2004
    Energy security involves more than the supply assurance on which oil-consuming countries, especially the US, rivet their attention. To oil exporters, it also means assurance of...
    Th 149688
    Companies

    US producers, service firms post improved first quarter results

    May 24, 2004
    Increased production and higher oil and natural gas prices improved the first quarter earnings of most US producing companies in a sample of firms. Refining margins also improved...